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MinebeaMitsumi ( (JP:6479) ) just unveiled an announcement.
MinebeaMitsumi Inc. has successfully completed a tender offer to acquire all shares of Shibaura Electronics Co., Ltd., excluding treasury shares. This acquisition is part of MinebeaMitsumi’s strategic expansion efforts, potentially enhancing its market position and operational capabilities in the electronics sector.
The most recent analyst rating on (JP:6479) stock is a Hold with a Yen2700.00 price target. To see the full list of analyst forecasts on MinebeaMitsumi stock, see the JP:6479 Stock Forecast page.
More about MinebeaMitsumi
MinebeaMitsumi Inc. operates in the manufacturing industry, focusing on precision components and electronic devices. The company is known for its production of bearings, motors, and sensors, serving a variety of sectors including automotive, aerospace, and consumer electronics.
Average Trading Volume: 1,717,325
Technical Sentiment Signal: Strong Buy
Current Market Cap: Yen1087.8B
See more insights into 6479 stock on TipRanks’ Stock Analysis page.